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's debt ceiling and the effort to stop mass murderers in america. >> my point is to focus on what makes sense, what works. >> one month after the shooting at newtown it is time to come up with action. >> we to have answers. >> he will announce his specific plan within days. the possible gun proposals and could they actually become law? plus the lance armstrong interview. he's denied he doped for years. >> sick and tired of these allegations. they are absolutely untrue. >> the support gave him the boot. >> lance armstrong has no place in cycling. >> now and for the first time lance armstrong says he's opening up about what really happened. >>> and hundreds of people hunting giant snakes. >> the species of the day is ber mes python. >> i have a machete and side arm. >> man verses python in the florida everglades. >> breaking news with lance armstrong. first president obama still supports an assault weapons ban. he admits it may not make it through congress. the president head a news conference and said the ban is one idea he is considering after a list of recommendations from joe biden. i
. showdowns over the debt ceiling and gun control. heather: wendell goler is live for us at the white house. good morning, wendell. why is the president holding a news conference now? >> reporter: well, heather, as john said it is the last week of the president's first term and wants to talk about the issue likely to dominate his second. that is the nation's debt and deficit. we already reached the $16 trillion debt limit set by congress. treasury secretary tim geithner says his accounting tricks and maneuvers can only buy us a couple more months the president wants to call on congress to raise the debt ceiling without drama. he says even the threat, note to raise the debt ceiling could cause a down-tick in the nation's credit rating as it did in 2011. republicans are determined to use that leverage. it may be the only leverage they have to raise the nation's debt ceiling. in the past it has worked to demand spending cuts in exchange for raising the nation's debt ceiling. they intend to do it this time. heather? heather: a lot going on in washington. we hear rumors the president may address
it must raise the debt ceiling and that the fed is going to keep buying bonds for now. on this one-month anniversary of the heinous, awful newtown shootings, the sheriff comes out in favor of banning assault weapons. "the kudlow report" begins right now. >>> first up tonight, president obama slams the republicans. he says no gimmick, no magic coins. just the plain old standoff on the debt ceiling. who is gonna blink first in this? john harwood joins us from washington with the details. good evening. >> good evening. the president used the last news conference of first term to draw an ever-brighter line with congressional republicans on the debt ceiling. they say they want dollar for dollar spending cuts to be matched with an increase in the debt ceiling. the president said i'll negotiate with you, but not over the debt ceiling. he simply is not going to allieu republicans to take the full faith and credit of the united states and the health of the u.s. economy as hostages. >> they will not collect our ransom in exchange for crashing the american economy. the financial well-being of
's going to start off talking about the debt ceiling. he'll call for republicans to raise it without a fight. but several gop members have already said the debt ceiling is going to be where they draw a line in the sand. >>> check out the first page of politico this morning. double trouble. house gop, eyes default, shutdown. and it talks about the very real possibility that house republican members want to see the government shut down or default if they don't get the cuts they want. >>> let me bring in "times" deputy bureau chief ed o'keefe. good morning to both of you. this is all just breaking now, but the president has said and he said it consistently. he's not negotiating over the debt ceiling. michael, is this more of what we're going to hear from him today? is he going to lay the groundwork for the battle ahead? >> i think so. to some degree i think what's happening is a game of chicken unfortunately. i know the financial markets hate it. and it kind of turns your stomach a little bit. but obama has said we're absolutely not negotiating over the weekend a significant event when
's the view of all of them. >> of course. >>> we'll move onto the debt ceiling with the government on pace to run out of money by mid-february. >> yesterday, the president warned republican leaders raising the nation's borrowing limit was non-negotiable and congress aimed to use it as lever eventuallyiage for deep s. >> while i'm willing to find middle ground to reduce our deficits, america cannot afford another debate. not paying its bills is irresponsible. it's absurd. republicans in congress have two choices here. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect or ransom in exchange for not crashing the america economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> you know, it looks like republicans are up against another wall. but they're not going to be able to get -- they're not going to be able to get, quite frankly, some things they really want, if they're serio
is regarding the debt ceiling why doesn't the president go ahead and implement article 14 of the constitution, and if the republicans want to take this to court, let's go. let's have this conversation. let's explain to the american people why you racked up two wars unpaid for, tax breaks for rich people unpaid for, but you don't want to pay the bills. >> stephanie: exactly. i'm not sure what the white house is -- even on guns -- even any kind of mention of what the president might do on guns they are already talking about impeachment. that's the times we're in. twenty nine minutes after the hour. right back on the "stephanie miller show." ♪ show, to be able to come away armed with the facts, and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about telling them, you're put on this planet for something more. i want this show to have an impact beyond just informing. an impact that gets people to take action themselves. as a human being, that's really important. this is not j
and they will be able to meg officiate on the debt ceiling. you about want to find a way out of getting boxed in on the debt ceiling themselves, believing a fight over funding the government is a much better political fight for their party. here's congresswoman marsha blackburn yesterday. >> i think there is a way to avoid default. if it requires shutting down certain portions of the government, let's look at that. >> yesterday the president sounded almost resign to the idea a government shutdown is probably coming up. >> if the republicans in congress made a decision they want to shouldn't down the government in order to get their way, then they have the -- votes at least in the house of representatives probably to do that. i think that would be a mistake. and it would be profoundly damaging to our economy. >> once again, what the white house was trying to signal on debt limit in government shutdown is this. they are not going the try to help republicans find a way out of it. they have to own debt limit and republican leaders know they need to move off of debt limit. they are trying to find
because the debt ceiling concern and talks, it's been pretty much nonexistent on the industrial -- >> the markets at fresh five-year highs. >> yeah. it's all because we had the fiscal cliff. and it was so volatile coming into it. we saw some massive swings and massive breakdowns coming into it. it seemed like the market was all over the place. with the debt ceiling, everyone thinks they'll kick the can, raise the debt ceiling up, or get resolved within -- >> that mean the market's at risk? it would seem yes, right? >> see, if you -- my opinion of what will happen is if there's any small breakdown in it, you know, if there's threats that they may downgrade the s&p, whatever, we'll see a breakdown in s&p down to like 14.50, 14.40. but there are so many people waiting on the sidelines, so much cash. and people looking at u.s. equities over the safety play. they'll start coming in, they'll buy. it i think it's going to be a good year for the s&p this year. >> what does earnings season do? hearing from jpmorgan and goldman sachs, the financials have been a driver of major averages mo
the debt ceiling, or exercise the responsibility that they have kept for themselves and raise the debt ceiling, because this is about paying the bills. this is not a complicated concept. you do not go out to dinner and then eat all you want and then leave without paying the check. if you do, you are breaking the law. congress should think about the same way the american people do. if congress wants to say maybe we should go to a more modest restaurant, that's fine. in order to curb our appetite, we're not going to pay the people who already provided the insurance, already front of the money. that is not showing any discipline. that is just not meeting obligations. you cannot do that. that is not a credible way to run the government. we cannot going from crisis to crisis when there is a path in front of us that require stability and compromise. that's how this goes. that is how this needs to work. >> thank you, mr. president. binding votes for the debt ceiling can sometimes be complicated. in previous aspects of american history, president reagan, president h. w. bush, president clinton
% undervalued today. dagen: thank you very much. connell: the situation on the debt ceiling approaching quickly, republicans trying to decide what their next move will be. dagen: rich edson in virginia. rich: it is beautiful. a lot nicer than it was yesterday as republicans have concluded their three-day retreat and is about how to extract the most spending cuts and make the most structural spending changes over the number of budget fight and win the debt ceiling, the sequester. government budgeting the deadline hits march. one republican leadership says republicans are when it comes to the debt ceiling settling on a strategy. >> the one thing is we have set a structure moving a short-term so people don't have a fear economically of where we are and are able to move forward to solve this problem once and for all. rich: the strategy would be a short-term debt increased to work on the other spending points and come back to the debt ceiling perhaps in a few months. he says he is not sure when the timing of that vote would be, he only says sooner rather than later. connell: republicans have become
for raising the debt ceiling. the house of representatives is back in session today, too, and republicans are just as adamant, insisting they won't raise the debt limit, unless the president goes along with spending cuts. let's go live to cnn white house correspondent brianna keilar. >> reporter: president obama stating very clearly today that he will not negotiate deficit reduction, tax increases and spending cuts attached to the debt ceiling. this of course does follow that bruising battle the year before last, where he did negotiate on the issue, and the u.s. nearly went to the brink of default. he said that congress has to pay the bills that it's already racked up. >> you don't go out to dinner and then, you know, eat all you want and then leave without paying the check. and if you do, you're breaking the law. and congress should think about it the same way that the american people do. you don't -- now, if congress want, to have a debate about maybe we shouldn't go out to dinner next time, maybe we should go to a more modest restaurant, that's fine. that's the debate that we should ha
pathetic debt over the debt ceiling and another downgrade, true. may have we have been distracted by that, put the bad news aside and see the dow jones industrial average within 6 points, 14,164 in 2007. and in a few minutes, the dow starts well above 13-5. and here is more good news, your house keeps going up in value, not by much for most people, but up is up. so, cheer up, everyone, you might not like the election results, but your money is doing well. and "varney & company" is about to begin. >> new funds in the tech world, it's not apple. you're used to long lines outside apple stores and people clamoring to get apple's latest version of the smart phone or tablet. the new buzz out there is samsung, not apple. apple-like hype is building for the samsung galaxy smart phone, a bigger screen, faster speed, longer lasting battery. and launched in may, it was considered the first to meet or exceed. you keep hearing, apple doesn't meet cool anymore, that's samsung. and i wonder if apple is below 500. where are we? >> and the traders are not getting in and out. right at the 498 mark, not fa
to duke it out over the debt ceiling, one said we should get rid of it all together? does ben bernanke have a point? >> the nra releases a new target practice ap for kids as young as 4. >> we have a packed show for you this morning. mike thompson joins us and greg walden is our guest. the congressman and newly crowned miss america, mallory hagen will be joining us. tuesday, january 15th and starting point begins right now. . >>> welcome to starting point. after years and years of lying to the world, lance armstrong is finally coming clean. there report he's confessed to oprah winfrey and he used drugs to win his titles. sources say he is in talks to have some of the millions he was paid by the postal service to sponsor the tour. cnn's ed is live in austin, texas. let's talk about what he told oprah and what the next steps are for lance armstrong. >> the big question will be to what extent did he confess and how much detail is he going to offer? also from the standpoint of how did he offer it and what was the body language there? lance armstrong is an athlete who is vehement in his deni
Search Results 0 to 12 of about 13

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